Скачать или смотреть Should you start a Dumpster Rental Business?

#dumpsterrentalbusiness #dumpsterrental In this Business Idea Breakdown I evaluate a Dumpster Rental Business. I gave this business a 7.2 out of 10 (anything over 8, I would start). The reasons I gave this a 7.2 is below:

Ability to Scale: This business got a great grade in the ability to scale. As you grow this business and buy dumpsters, your time isn't completely diminished. If you choose to reinvest and buy more dumpsters, this business can be easily scaled.

Ability to be profitable: This business is not easy to turn a profit. With large acquisition costs of getting equipment (Roll-Off Truck and Roll-Off Dumpster), you find profitability towards the end of year 1. In Year 2, this business is more profitable and the profitability continues to go up from there. Make sure you have patience with profitability if you start this business.

Easy to Start? This business can be easy to start if you have extra capital and have experience in the construction space. If you do not, this business will be a challenge to start.

Does it take a lot of time? NO! This is the greatest thing about this business. When you rent out a dumpster for a week, you don't have to work again until you pick it back up. This can easily be a side hustle while you work your main job.

Challenges: Lead Generation. You need people or businesses to be renting out your dumpsters. If not, they don't make money. Sales is the most important thing in this business and every other business.

Sellable: Yes, it appears you can sell for around 2X the net income + your equipment cost.

In conclusion, this business is a slow grow that will be slow to profit but will maximize your time. You can also scale this business as it grows very easily.